Northeast Bancorp (NBN) Given Coverage Optimism Score of 0.01

Press coverage about Northeast Bancorp (NASDAQ:NBN) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Northeast Bancorp earned a coverage optimism score of 0.01 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 47.1453262451094 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of Northeast Bancorp (NASDAQ:NBN) traded up $0.40 during trading hours on Thursday, reaching $24.55. 30,700 shares of the company were exchanged, compared to its average volume of 46,555. The company has a market capitalization of $191.52, a PE ratio of 14.53 and a beta of 0.28. Northeast Bancorp has a 12-month low of $12.95 and a 12-month high of $29.95. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.06 and a quick ratio of 1.05.

Northeast Bancorp (NASDAQ:NBN) last issued its quarterly earnings data on Monday, November 6th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter. Northeast Bancorp had a net margin of 21.17% and a return on equity of 12.56%.

Separately, ValuEngine cut shares of Northeast Bancorp from a “buy” rating to a “hold” rating in a report on Friday, December 1st.

In other Northeast Bancorp news, Director Julie Jenkins sold 4,000 shares of the business’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $25.35, for a total transaction of $101,400.00. Following the completion of the transaction, the director now owns 21,955 shares of the company’s stock, valued at approximately $556,559.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 13.38% of the stock is owned by insiders.

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About Northeast Bancorp

Northeast Bancorp is a bank holding company. The Company’s banking subsidiary is Northeast Bank (the Bank). The Company provides a range of banking services to individual and corporate customers throughout south-central and western Maine and conducts loan purchasing and origination activities nationwide through its subsidiary.

Insider Buying and Selling by Quarter for Northeast Bancorp (NASDAQ:NBN)

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